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BKV Corporation (BKV) Stock News

BKV NYSE

BKV Corporation reports developments tied to an integrated energy platform built around Barnett Shale natural gas production, midstream infrastructure, natural gas-fired power generation and carbon capture, utilization and storage. Company news commonly covers operating and financial results, production trends, CCUS progress, power generation assets and capital allocation across its upstream, midstream, power and carbon capture businesses.

BKV also discloses corporate actions involving common stock, public offerings, share repurchase authorization, material agreements and governance matters. Completed power-joint-venture activity has increased its ownership of BKV-BPP Power and added recurring updates around Temple I and II facilities and ERCOT power-market exposure.

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BKV Corporation (BKV) has completed the acquisition of Barnett Shale upstream, midstream and carbon capture and sequestration (CCS) assets as of September 15, 2026. Transaction terms were not disclosed.

The acquired package includes over 65 MMcfe/d of low-decline production, approximately 0.35 Tcfe of proved developed producing reserves, about 117,000 net acres and roughly 1,000 gross operated wells, primarily in Montague County. It also adds an operated CCS project that captured over 100,000 metric tons of CO2 over the twelve months through the first quarter of 2026, plus an operated CO2 pipeline and injection well.

BKV also gains operated midstream infrastructure, including a gas plant with 180 MMcf/d of capacity, about 340 miles of owned gas gathering lines, around 225 miles of owned water gathering lines and two saltwater disposal wells. The deal was funded with cash on hand and borrowings under BKV’s revolving credit facility.

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BKV Corporation (BKV) priced an upsized private offering of $500 million aggregate principal amount of 1.625% convertible senior notes due 2031 to qualified institutional buyers under Rule 144A.

The deal was increased from a previously announced $400 million and is expected to settle on September 14, 2026, with an additional $75 million option for initial purchasers. The notes mature on October 15, 2031, pay 1.625% interest semi‑annually, and are initially convertible at 31.3161 shares per $1,000, implying a conversion price of approximately $31.93, a 32.5% premium to the $24.10 share price on September 9, 2026. Estimated net proceeds are about $481.8 million (or $554.7 million if the option is fully exercised), of which BKV plans to use $56.3 million for capped call transactions and $35.0 million to repurchase 1,452,282 shares at $24.10, with the remainder for general corporate purposes including debt repayment and capital expenditures.

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BKV Corporation (BKV) plans, subject to market conditions, to offer $400 million aggregate principal amount of convertible senior notes due October 15, 2031 in a private Rule 144A placement to Qualified Institutional Buyers, with an option for initial purchasers to buy up to an additional $60 million.

The notes will be senior unsecured, pay semi-annual interest, and are convertible into cash and/or common stock at BKV’s election, with specific rate and interest terms set at pricing. BKV may redeem the notes for cash from October 15, 2029 if its share price exceeds 130% of the conversion price and certain conditions are met, and must offer to repurchase upon certain “fundamental changes.” Net proceeds will fund capped call transactions, up to approximately $35 million of share repurchases tied to the offering, and general corporate purposes, including debt repayment and capital expenditures.

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BKV Corporation (NYSE: BKV) announced that its Form S-3 resale registration statement filed with the SEC on August 20, 2026 became effective automatically. The filing registers 5,315,390 existing BKV common shares held by Banpu Power US Corporation (BPPUS), a subsidiary of BKV’s ultimate parent Banpu.

The registration fulfills BKV’s contractual obligations under a Registration Rights Agreement tied to its January 30, 2026 acquisition of an additional 25% interest in BKV-BPP Power LLC, for which BPPUS received approximately $115.1 million in cash and the registered shares. The shares were subject to a 180‑day lock‑up and may now be sold from time to time, although no sales are required. BKV is not offering any shares and will receive no proceeds from any future BPPUS sales.

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BKV Corporation (NYSE:BKV) reported second quarter 2026 net income attributable to BKV of $75.8 million ($0.67 per diluted share) versus $107.8 million a year earlier, and non-GAAP adjusted net income of $50.7 million ($0.46 per diluted share). Adjusted EBITDAX attributable to BKV rose to $142.0 million from $96.5 million, with net cash provided by operating activities of $109.7 million and accrued capital expenditures of $72.4 million.

Average net production was 978.3 MMcfe/d, Temple power plants generated 2,222 GWh (about 16% above prior year), and CCUS operations sequestered ~35,900 metric tons of CO₂e. BKV ended the quarter with a net leverage ratio of 1.78x and commenced commercial operations at its Cotton Cove and Eagle Ford CCUS projects, which together are expected to sequester over 120,000 metric tons of CO₂ waste annually, according to BKV.

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BKV Corporation (NYSE: BKV) will release its second quarter 2026 operational and financial results before markets open on Thursday, August 6, 2026. Management will host a conference call at 10:00 a.m. ET the same day, with live webcast and 30-day replay access via the company’s investor relations website.

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BKV (NYSE:BKV) reported that its Cotton Cove and Eagle Ford carbon capture and sequestration facilities in Texas are now operational. Eagle Ford is the first new CCS site under BKV’s joint venture with Copenhagen Infrastructure Partners and will sequester about 90,000 metric tons of CO2 annually.

Cotton Cove is expected to average approximately 32,000 metric tons of CO2 sequestration per year. Together with Barnett Zero, BKV now operates three commercial CCS facilities across Texas, targeting a 1.5 million metric ton annual CO2 injection rate by 2028.

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BKV (NYSE: BKV) reported Q1 2026 results: net income attributable to BKV of $44.1M ($0.42/diluted share) and adjusted net income of $22.4M ($0.22/diluted share). Adjusted EBITDAX was $112.0M, net cash from operations $72.0M, and accrued capex $118.6M. BKV closed a Jan 30, 2026 acquisition raising Power JV ownership to 75% and raised ~7.0M shares for net proceeds of $186.2M. Initial Cotton Cove CCUS injection occurred and Barnett Zero sequestered ~35,800 metric tons CO2 in the quarter.

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BKV (NYSE: BKV) will report first quarter operational and financial results before markets open on Thursday, May 7, 2026. Management will host a conference call at 10:00 a.m. ET the same day to review results.

Participants may join via the US dial-in (877) 407-0779 or international (201) 389-0914, or via webcast at https://ir.bkv.com. A replay will be available for 30 days with passcode 13759950.

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BKV (NYSE: BKV) priced an underwritten public offering of 9,692,089 common shares, including 5,550,000 shares offered by the company and 4,142,089 shares by selling stockholder Bedrock Energy Partners, LLC.

The Offering’s estimated gross proceeds are approximately $261.7 million. BKV granted a 30‑day underwriter option to purchase up to 1,453,813 additional shares. The offering is expected to close on March 12, 2026, subject to customary closing conditions, and net proceeds from the company’s shares will be used for general corporate purposes.

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FAQ

What is the current stock price of BKV Corporation (BKV)?

The current stock price of BKV Corporation (BKV) is $21.79 as of October 6, 2026.

What is the market cap of BKV Corporation (BKV)?

The market cap of BKV Corporation (BKV) is approximately 2.4B.